China Tower Corp Ltd’s shares opened virtually flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment towards the world’s biggest initial public offering (IPO) in two years.
Apple Inc told U.S. lawmakers on Tuesday that its iPhones do not listen to users without their consent and do not allow third-party apps to do so either, after lawmakers asked the company if its devices were invading users’ privacy.
Asian shares rose on Wednesday on the back of firmer Wall Street earnings while expectations for increased Chinese stimulus helped take the edge off wider concerns about the worsening Sino-U.S. trade dispute.
Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc (TSLA.O) private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints. Funding secured,” Musk said on Twitter. In a letter to Tesla employees published more than an hour later on the company’s blog, Musk explained that going private would be “the best path forward.” Such a move – over which no final decision had been made – would let …read more […]
Snap Inc on Tuesday received a vote of confidence from a billionaire investor and reported record revenue from outside North America, factors that helped soften the blow of its first-ever drop in daily users.
Walt Disney Co missed Wall Street profit targets as new technology costs rose during the quarter ended June 30, but Chief Executive Bob Iger said an exodus of consumers from its television channels was slowing.
Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints.
Elon Musk’s suggestion on Tuesday that he would like to take Tesla Inc private may provide something the electric car maker needs: a little debt relief.
Papa John’s International Inc on Tuesday posted a second-quarter comparable sales decline of 6.1 percent in North America and cut its forecast for the coming months, as a heated spat between the pizza chain and its founder dragged on profits.
The United States will begin collecting 25 percent tariffs on another $16 billion in Chinese goods on Aug. 23, the U.S. Trade Representative’s office said on Tuesday as it published a final tariff list targeting 279 import product lines.
U.S. prosecutors are investigating whether Goldman Sachs Group Inc has any culpability in a Malaysian fraud involving a government fund that had ties to a former bank employee, the New York Times reported on Tuesday.
Snap Inc on Tuesday reported higher-than-expected quarterly revenue but its first-ever drop in daily Snapchat users.
ABC’s “Bachelorette” Becca Kufrin and her new fiance, Garrett Yrigoyen, hope to move forward after controversy. Shortly after the season premiere, it was discovered that Yrigoyen had liked Instagram posts that mocked transgender people, feminists and Parkland, Florida, shooting survivor David Hogg. Yrigoyen, 29, said the hardest part was criticism that Kufrin received. …read more […]
It would be the ultimate black eye for short sellers.
Papa John’s International Inc on Tuesday posted a second-quarter comparable sales decline of 6.1 percent in North America and estimated a further 7 to 10 percent drop in the current quarter as the pizza chain’s spat with its founder hurts profits.
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